Boubyan Bank was established in 2004 by Amiri Decree No. 88 with a paid-up capital of 100 million Kuwaiti Dinars for the purpose of exercising all activities of the banking business (financial and commercial) in accordance with the rules and regulations of the Central Bank of Kuwait.

Boubyan Bank is a Kuwaiti shareholding company. More than 90% Kuwaiti citizens are the bank's shareholders owning 76% of Boubyan Bank shares. This bestows on the bank the privileged status of being a national project with the advantage of an already established level of trust. The remaining shares are owned by Kuwait Investment Authority (KIA) with equity of 20% and the Public Institution for Social Security (PIFSS) with equity of 4%.

Boubyan Bank is built on the ideal of establishing socio-economic equity by influencing the business environment and society in which it operates through the sincere application and ethical practice of Islamic banking and value-creation for its customers, partners and shareholders.